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Entrepreneurs Statistics: What to Expect in the Near Future

Christina Garibay by Christina Garibay
June 17, 2021
in Business Wisdom
Entrepreneurs Statistics: What to Expect in the Near Future

What are entrepreneurs statistics for the upcoming year and beyond? There has been a lot of talk over the last couple of years about entrepreneurs statistics and the importance of them to both new ventures and already existing ones. Many have also mentioned that there is going to be many entrepreneurs that will fail during the coming year and a half. The question is will those be the successful ones?

If we look at the statistics of entrepreneurs, there are plenty of opportunities for new businesses and a real renaissance for existing ones. For starters, there is the internet. It has been amazing what it has allowed the smaller entrepreneurs to achieve in their online stores. Online shopping has become very popular, with all of the changes that are happening and the upsurge in internet marketing. In this era of the “Google Shopping Experience”, it seems that everyone has a website and everyone wants an online store to make sales. This can only mean good things for those entrepreneurs statistics as the internet brings so much traffic to websites and the more traffic there is, the higher the chances for the business to succeed.

What percentage of the population are entrepreneurs?

The world is full of entrepreneurs who are constantly searching for opportunity in all realms- from jobs to new ventures. It’s important that we understand this percentage so as not to lose sight of how many people will go proactively look for opportunities instead settle into stagnant positions at work or stay complacent with their current situation when they could set off on their own path now!

In the statistics of entrepreneurship in 2018, the United States had a huge boom in entrepreneurs. With 15.6% of adults being an entrepreneur, there has never been such large increase from one year to another than what we have seen now (Entrepreneurship).

Is the number of entrepreneurs increasing?

Entrepreneurship is on the rise as new business applications are at their highest level in over a decade, with companies creating jobs instead of shedding them. The country has lost 10 million plus jobs since February- according to CNN’s entrepreneurs statistics that is costing one out of every five Americans his or her job.

Entrepreneurs Statistics: What to Expect in the Near Future

What businesses have the highest success rate for entrepreneurs?

The finance industry has the highest success rate with 58% of businesses still operating after 4 years. This is followed by insurance and real estate industries, which have a 52% success rate. The most likely type to fail out are information companies who only had about 37%.

Are older entrepreneurs more successful?

Recent entrepreneurs statistics from MIT and Northwestern University research has shown that entrepreneurs who are older often have more success in the long run than their younger peers. What’s worse is that they face discrimination, which makes it even harder for them to break into this world of startups. For example a 50 year old entrepreneur had 1.8 times greater growth potential as one would if he was 30 years old or less!

Why US are friendly to entrepreneurs?

From the entrepreneur stats the US is a great place to be an entrepreneur because of its culture. The entrepreneurial spirit in the country has created policies that encourage entrepreneurs and push them forward into success. This creates jobs, brings innovation, and allows for new ideas which can help shape America’s future!

How many entrepreneurs are there in the us?

In the entrepreneurship statistics the rate of new entrepreneurial activity in the U.S has been steadily declining since 2000, with 2019’s number at a record low at only 310 per 100,000 adults!

Entrepreneurs Statistics: What to Expect in the Near Future

Conclusion

Although entrepreneurship is certainly a growing field, it can still be considered a risky venture for many reasons. This is why statistics must always be taken into account to ensure that all businesses are successful. As you continue to study the trends of small businesses, you should remember to keep these entrepreneurs statistics in mind to make the right decisions for your business and yourself.

Tags: Business WisdomEntrepreneurEntrepreneurs Statistics
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Christina Garibay

Christina Garibay

My name is Christina. I am a content writer, author and blogger with years of experience in writting, researching and editing content. I studied journalism at the University of Texas-Austin and have been practicing the craft ever since. My favorite part about being a journalist is getting to interview interesting people from all walks of life who do fascinating things!

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